Question:
Given below are two statement:
Statement I : On November 8, 2016, demonetization was declared in India.
Statement II : On that day, Prime Minister of India announced the demonetization of Rs. 500 & Rs. 1000 notes.
In the light of the above statements, choose the correct answer from the options given below:
Given below are two statement:
Statement I : On November 8, 2016, demonetization was declared in India.
Statement II : On that day, Prime Minister of India announced the demonetization of Rs. 500 & Rs. 1000 notes.
In the light of the above statements, choose the correct answer from the options given below:
Statement I : On November 8, 2016, demonetization was declared in India.
Statement II : On that day, Prime Minister of India announced the demonetization of Rs. 500 & Rs. 1000 notes.
In the light of the above statements, choose the correct answer from the options given below:
Show Hint
The demonetization of Rs. 500 and Rs. 1000 notes was announced on the evening of 8 November 2016.
Updated On: Nov 12, 2026
- Both Statement I and Statement II are true
- Both Statement I and Statement II are false
- Statement I is true but Statement II is false
- Statement I is false but Statement II is true
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The Correct Option is A
Solution and Explanation
Statement I: Demonetization was announced in India on 8 November 2016. This is true.
Statement II: In his address to the nation that evening, the Prime Minister announced that the Rs. 500 and Rs. 1000 notes would cease to be legal tender. This is also true.
Hence both statements are true.
Answer: (1) Both Statement I and Statement II are true
Statement II: In his address to the nation that evening, the Prime Minister announced that the Rs. 500 and Rs. 1000 notes would cease to be legal tender. This is also true.
Hence both statements are true.
Answer: (1) Both Statement I and Statement II are true
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